Strategic decision-making model for the regional development of rural areas: A Serbian case study
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Date
2023
Authors
Voza, Danijela
Arsić, Sanela
Nikolić, Đorđe
Živković, Živan
Journal Title
Journal ISSN
Volume Title
Publisher
Publishing House of Wroclaw University of Economics and Business, Poland
Source
Argumenta Oeconomica
Volume
51
Issue
2
Abstract
Making decisions about the activities aimed at enhancing rural development often requires implementing a multidisciplinary approach and including the opinions and attitudes of several regional stakeholders. This paper proposes a hybrid SWOT-ANP model for selecting an optimal scenario to realise the vision for developing a rural area in Serbia. The four-phase decision-making approach applied in this paper consisted of the following elements: vision, strategic goals, SWOT analysis, and alternative scenarios. The results indicated that the most appropriate strategies for regional development of this rural area were those related to the more sustainable utilisation of natural resources. This model should be of significant help to decision-makers when defining the main determinants of the future development strategy of any rural area.
Description
Keywords
rural area, regional development, SWOT analysis, ANP method, strategies
Citation
DOI
10.15611/aoe.2023.2.13
Scopus
ISSN
1233-5835
2720-5088
2720-5088
ISBN
License
CC-BY-SA